Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
April 9 Market Dynamics: ETH/BTC Exchange Rate Rebound

April 9 Market Dynamics: ETH/BTC Exchange Rate Rebound

Bitget2024/04/09 02:39

I. Market Fundamentals
1. BTC is fluctuating upwards, and the ETH/BTC exchange rate rebounds.
2. U.S stocks are volatile, beginning weekly adjustments. The market predicts two interest rate cuts for the year, with another cut in September.

II. Market Focus
1. CKB, Runestone, and PUPS in the BTC ecosystem have all seen significant increases. Runestone has become the second-largest NFT by market value. The Rune protocol is an updated version of the Inscription protocol aimed at reducing congestion on the BTC network and is expected to launch at the end of April.
2.ENA steadily grows and announces that it will empower ENA; staking ENA can accelerate mining APY.
3.The price of public chain TON soars, and FISH and STON within its ecosystem also rise accordingly. There are rumors that Telegram will soon go public through an IPO listing where FISH belongs to Meme category while STONE falls under DEX category.
4.TNSR has been listed for trading on Bitget; TNSR is Solana's NFT trading platform where transactions exceeding 5sol or more than five transactions on Tensor platform can earn airdrop rewards.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!